Tech Company Financing Transactions

Cirtas Systems Funding Round

Cirtas Systems closed a $22.5 million Series B funding round on 1/25/2011. Investors included Bessemer Venture Partners, Shasta Ventures and Lightspeed Venture Partners.

Transaction Overview

Company Name
Announced On
1/25/2011
Transaction Type
Venture Equity
Amount
$22,500,000
Round
Series B
Investors

Bessemer Venture Partners (Lead Investor) (Felda Hardymon)

Shasta Ventures (Lead Investor) (Ravi Mohan)

Lightspeed Venture Partners (Barry Eggers)

New Enterprise Associates (Krishna Kolluri)

Proceeds Purpose
Cirtas, which has raised a total of $32.5 million in funding to date, plans to devote the new capital to support the increasing market demand for its Bluejet Cloud Storage Controller technology.

Company Information

Company Status
Out of Business
Industry
Storage
Mailing Address
75 E. Santa Clara St. 950
San Jose, CA 95113
USA
Email Address
Overview
Cirtas Bluejet is the world's first cloud-enabled storage system. With Bluejet, data is seamlessly and transparently archived to the cloud, providing relief from relentless data growth and out of control storage costs.
Profile
Cirtas Systems LinkedIn Company Profile
Social Media
Cirtas Systems Company Twitter Account
Company News
Cirtas Systems News
Facebook
Cirtas Systems on Facebook
YouTube
Cirtas Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Gary Messiana
  Gary Messiana LinkedIn Profile  Gary Messiana Twitter Account  Gary Messiana News  Gary Messiana on Facebook
Chief Scientific Officer
Jonathan Stone
  Jonathan Stone LinkedIn Profile  Jonathan Stone Twitter Account  Jonathan Stone News  Jonathan Stone on Facebook
Chief Technical Officer
Allen Samuels
  Allen Samuels LinkedIn Profile  Allen Samuels Twitter Account  Allen Samuels News  Allen Samuels on Facebook
VP - Marketing
Josh Goldstein
  Josh Goldstein LinkedIn Profile  Josh Goldstein Twitter Account  Josh Goldstein News  Josh Goldstein on Facebook
VP - Sales
Steve Mallard
  Steve Mallard LinkedIn Profile  Steve Mallard Twitter Account  Steve Mallard News  Steve Mallard on Facebook


 

 

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Next: 1/25/2011: Playcast Media Systems venture capital transaction

 

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We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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